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, go ahead. >> in 2008 the u.s. government was borrowing 20 cents on the dollar and now 40 cents on the dollar just to cover the overhead costs bause they've expanded that much and typically it's 20% of gdp. gary b is right, 24 plus% and growing, it's taking over more of the gdp. therefore you can have the federal government hire everybody, but let's be honest how are you going to pay everybody if you don't have the private sector funding. >> but, also, businesses looking at the expanded debt and they say listen, we know how to do math. and someone's going to pay for it and it's going to be higher taxes and higher taxes is lower profit and that's how it works. >> do you think that caterpillar is making a call based on potential future policy? i think you're short-- what they are saying is foreign governments and their demand is what's falling off right now. the rest of the world is much-- >> right. >> because they were shrinking their economies a little too early in the recession and too quick into austerity and california is america's greatest economy, let's not forget that, muc
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